Brief: Axway Software H1 Net Profit At EUR 1.8 Mln

74Software SA

27/07/2021 17:14

July 27 (Reuters) - AXWAY SOFTWARE SA  AXW.PA :
    * H1 REVENUE ROSE 5.2 PERCENT TO 138.4 MILLION EUR
    * H1 BASIC EARNINGS PER SHARE 0.08 EUR
    * SOLID REVENUE GROWTH IN H1 2021
    * HALF-YEAR PROFIT ON OPERATING ACTIVITIES OF €10.5M VERSUS
€2.5M
IN H1 2020
    * FOR 2021, AXWAY CONFIRMS ITS OBJECTIVE OF ACHIEVING
ORGANIC
REVENUE GROWTH OF BETWEEN 2% AND 4%
    * CONFIRMS THAT IT IS AIMING TO IMPROVE ITS PROFITABILITY
WITH AN
OPERATING MARGIN OF BETWEEN 11% AND 13% OF REVENUE FOR THE YEAR
    * FREE CASH FLOW AMOUNTED TO €16.1 MILLION IN THE FIRST HALF
OF
2021 COMPARED TO €4.9 MILLION A YEAR EARLIER
    * HAD 1,796 EMPLOYEES AT JUNE 30, 2021, VERSUS.1,888 AT
DECEMBER
31, 2020
    * NET PROFIT AMOUNTED TO €1.8 MILLION FOR THE HALF-YEAR, OR
1.3%
OF REVENUE

Source text for Eikon:  ID:nBw6JgTPQa 
Further company coverage:  AXW.PA 

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